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We Tally Up the Gross sales of Drake’s YOLO Compound in Hidden Hills

admin by admin
July 5, 2022
in Real Estate
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We Tally Up the Sales of Drake's YOLO Compound in Hidden Hills
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Drake has efficiently offered a trio of houses within the unique enclave of Hidden Hills, CA.

The ultimate transaction was the sale of the rapper’s large YOLO property, named after the phrase “You solely reside as soon as.” He pocketed $12 million for the mansion, with the whole on the three houses he offered popping out to a whopping $23 million.

When his assemblage of properties was listed in March, we requested actual property consultants if he might get his $22.2 million asking value. They thought he would get that or somewhat extra. Because it seems, they had been proper on the cash.

Drake has since decamped to a Beverly Hills unfold he reportedly picked up from fellow musician Robbie Williams. And he additionally owns a custom-built megamansion in Toronto.

Let’s check out what went down in SoCal.

YOLO Property

The primary of Drizzy’s splurges in Hidden Hills was in 2012, when he purchased a resort-style property on 3 acres for $7.7 million.

Given the identify YOLO Property by the rapper, the social gathering pad obtained a full makeover by its earlier homeowners. Updates included a large swimming pool with a spa grotto, swim-up bar, waterfalls, and rock waterslide.

The 12,500-square-foot English Tudor contains a 25-seat theater, recreation room, therapeutic massage room, and wine cellar.

It has seven bedrooms and 9 bogs, and the first bed room suite is a 2,000-square-foot sanctuary with soaking tubs and vanities. There are coffered and beamed ceilings and 6 fireplaces all through.

The grounds include equestrian amenities with a driving space, a sand volleyball courtroom, a mechanical bull, and tennis courts.

Drake listed the mansion in March for $14.8 million, finally promoting it for $12 million.

YOLO Property

(Realtor.com)


Adjoining abodes

Over time, Drake snapped up two of the neighboring houses. These properties had been listed in March, together with the YOLO Property. They could possibly be bought collectively or individually.

Los Angeles Rams quarterback Matthew Stafford purchased the two adjoining properties for $11 million, which was $3.6 million over the asking value. The YOLO Property would stay in the marketplace.

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Watch: Imaginative and prescient of Love: Mariah Carey Buys Atlanta Mansion With Celeb Pedigree

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Ranch-style residences

Stafford is now the proud proprietor of two ranch-style houses. One is a renovated five-bedroom house on 1.6 acres.

Spanning 3,645 sq. ft, the house options light-filled residing areas, fireplaces, excessive ceilings, and hardwood flooring. The landscaped yard features a lounge, barbecue, pizza oven, and heated pool.

The property comes with an 800-square-foot guesthouse and pool home. Listed for $4.5 million, the house was offered for $5 million.

Ranch-style house

(Realtor.com)

The opposite adjoining property is analogous in fashion and measures 2,500 sq. ft. Providing “rustic allure,” it sits on 2 tranquil acres, that are dotted with mature pine, sycamore, pomegranate, citrus, and California pepper timber. 

Drake picked up the three-bedroom house in 2018 for $4.5 million. He listed it in March for the a lot lower cost of $2.9 million, and Stafford paid $6 million for it.

Residence on 2 acres

(Realtor.com)

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